By Chuck Chiang in Maple Ridge A billion-dollar battery cell production plant in Maple Ridge, B.C., will produce up to 135 million batteries each year as part of Canada’s push toward clean technology, Prime Minister Justin Trudeau said Tuesday during a...
CALGARY — Parkland Corp. says it expects $6 billion in cumulative available cash flow from 2024 to 2028 that it plans to use to fund dividends, share buybacks, growth and debt reduction. The company says it plans to use 25 per cent of the expected cash on dividends...
By Amanda Stephenson in Calgary With its Coastal GasLink pipeline project completed, TC Energy Corp. said its goal for the next few years will be to live within its means and control its capital expenditures. The Calgary-based pipeline company announced on...
CALGARY — TC Energy Corp. reported a loss in its latest quarter compared with a profit a year ago as it took an impairment charge related to its Coastal GasLink pipeline project. The result came as the company says it has achieved mechanical completion of Coastal...
CALGARY — Suncor Energy Inc. says it has wrapped 1,500 job cuts two months ahead of schedule, but that it will continue to look for areas to trim as part of a wider efficiency push. Chief executive Rich Kruger said on an earnings conference call Thursday that the cuts...